Skip to main content

About your Search

20121224
20130101
STATION
CNBC 2
WBAL (NBC) 1
WJLA (ABC) 1
LANGUAGE
Search Results 0 to 3 of about 4
CNBC
Dec 30, 2012 7:30pm EST
in automatic tax increases and the spending cuts that are set to kick in on january 1st. that fiscal cliff and its potential impact on our economy brought lawmakers from both houses to washington for last-minute negotiations. concerns about the cliff spooked investors, the holiday shortened trading week was lighter in volume but higher in volatility. the worst decline of the month on thursday after a disappointing read on consumer confidence and some statements by congressional leaders. and yet, with one final trading day to go, all the major averages were still showing positive performance for the year of 2012. meantime, the u.s. is set to reach the debt limit on monday. that, according to treasury secretary tim geithner in a letter to congress, though, he did say he expects to take what he called extraordinary measures to extend the government's borrowing ability for another two months or so. and even your cup of coffee wants a deal on the fiscal cliff. baristas at the 120 starbucks in washington, d.c. were encouraged by management to add a shot of bipartisanship to their drink orders an
NBC
Dec 30, 2012 2:30am EST
. happy new year. welcome to the ""wall street journal" report. the fiscal cliff, the taed line and what it means. we'll look ahead, we'll look back, our all-star panel on the big news that hasn't happened yet if preview of the big stories and trends for 2013. and then we will hit the highlight reel. my interviews with the most important, influential and interesting people of the past year. the wl journal report begins right now. >> this is america's number one financial news program, the "wall street journal" report. now, maria bartiromo. >> all that ahead, but first, here's fill griffith with the look at the stories making headlines this week. >> thanks, maria. here's what's making news as we are heading into a new week and new year on wall street. congress is working the weekend, attempting to avert some part of that $6 billion in automatic tax increases and the spending cuts that are set to kick in on january 1st. that fiscal cliff and its potential impact on our economy brought lawmakers from both houses to washington for last-minute negotiations. concerns about the cliff spooked in
CNBC
Dec 23, 2012 7:30pm EST
cliff, you've also got some strength happening talk to us about real estate and housing. you're so uniquely qualified to talk about this sector being a developer in so many cities. >> look, i think you look at housing and it's a bright spot in the economy and what's going to help propel our economy back. miami, for example. one of the first to go down steeply, along with las vegas. and we operate in both of those cities. prices are up in las vegas now, 7% and miami 8%. so you're seeing tremendous up side in housing. >> these are some of the areas that really plummeted. >> yes. >> yeah. so now they're coming back. >> san francisco is coming back, as well. miami roared back. miami's inventory is lower than it -- was in its peak. its price increases are happening more rapidly than during the last peak in the marketplace back in '06 when the market really peaked. >> fascinating. so how important is this for the overall economy that you're seeing these hot spots of real development and bursts of energy in certain cities? >> very important. because one, of course, as inventory shrinks an
ABC
Dec 30, 2012 7:00am EST
. >> there have been a few bright spots in our economy anyway. i think of housing which has been in recovery mode right now. does that continue in 2013 even if we do see this -- some sort of resolution of the fiscal cliff and what could do to paychecks and jobs in the economy? >> the offset is that people look at the value of their houses and start feeling better. one-third of household wealth is the value of their house and if they start seeing prices stabilize and appreciatining, tt could offset some pullback in overall consumerspending. >> where will we make money then, do you think? >> my sense is emerging markets is where you're going to have a lot of growth. those markets have been depressed for a couple of years so equities in emerging markets, equities in the u.s. keep clear of yeurope for now. i think high yield debt will be interesting. within equities, if the economy starts really growing it will be momore broad based and people c move away from the more conservative investments go into more cyclical as well as smaller cap stocks. >> optimistic view on 2013 from allisison deans. always
Search Results 0 to 3 of about 4